PYMNTS

DECEMBER 11, 2017

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S. Treasury and financial market, among other responsibilities.

Security 112

Security Kansas City Payments Boston 112

PYMNTS

MAY 4, 2016

According to researchers, small businesses lost an average of more than $12,000 in 2015 due to back-office fraud. billion in losses last year, according to JAVELIN’s 2016 Small Business Fraud Report: Small Businesses are Big Targets for Fraudsters. Collectively, analysts said the financial impact amounted to $3.1

Security 100

Security Fraud Tools Analytics 100

PYMNTS

MAY 9, 2016

Though the industry knew it was coming, the sharp migration of fraud from in-store to online channels with the growing adoption of EMV is still enough to keep any online merchant up at night. The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent. contact-form-7].

Fraud 100

Fraud Online United States Cyber Security 100

PYMNTS

MAY 10, 2017

While the retail point-of-sale (POS) terminals market is currently sitting at $15 billion, Global Market Insights is expecting it to reach $45 billion by the year 2024. Due to consumers increasing use of cashless forms of payment for everyday transactions, there has been a rise in counter money laundering, frauds and terrorism.

Retail 120

Retail Marketing United States Fraud 120

PYMNTS

FEBRUARY 26, 2020

In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. Coronavirus Decimates US Stock Market $1.7T stock market is taking a hit due to mounting fears over the coronavirus.

Nevada 142

Nevada Marketing US Payments 142

PYMNTS

APRIL 26, 2017

While the fraud-fighting technology available six years ago didn’t stand a chance of protecting HiGear, the current car-sharing market , which is projected to be worth $16.5 billion by 2024, continues to experience similar fraud attacks. As machine learning has evolved over the years, so has the level and type of fraud.

Fraud 121

Fraud San Francisco Retail Branding 121

PYMNTS

APRIL 10, 2017

Experian, the credit rating company, is getting into the biometrics market, inking a deal with technology company BioCatch to use behavioral biometrics to fight fraud. ” Reuters noted that financial companies are looking to use more sophisticated technologies to fight online fraud.

Fraud 104

Fraud Online Cards Lending 104

NCR

AUGUST 7, 2017

As contactless card transactions become increasingly common in markets such as the UK and on public transit globally, it seems inevitable that there will be growing concerns around the potential for fraudsters to exploit this form of payment. million lost to contactless fraud in 2015. percent of total card fraud in the UK.

Fraud 85

Fraud Cards Security Comparison 85

PYMNTS

MARCH 14, 2017

A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR) of more than 19 percent from 2016 to 2023. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

Retail 164

Retail Mobile Marketing Samsung 164

PYMNTS

MARCH 31, 2016

This week, PYMNTS, in collaboration with Socure , released the March edition of the PYMNTS.com Digital Identity Tracker TM , featuring all new research surrounding the increase in online fraud fueled by the increase in EMV card chip tech adoption. Other highlights from the survey include: Only 1.1%

Fraud 100

Fraud Online Resources Survey 100

PYMNTS

SEPTEMBER 30, 2016

Fraudsters have been causing problems for retailers over the past four quarters, leading to a 137 percent jump in fraud attacks and affecting $7 out of every $100 made in retail sales, according to the latest PYMNTS.com Global Fraud Attack Index. The collaborative study with Forter measures the rate of fraud attempts made on U.S.

Fraud 100

Fraud Data Cyber Security Study 100

PYMNTS

JULY 17, 2017

Fraud isn’t perpetrated by a random assortment of individuals; it’s organized crime. It’s “fraud as a Service.” It’s a very unfair match, if you ask Skye Spear, VP of eCommerce fraud-fighting firm Signifyd. “I Classic fraud deflection is rules-based. Fraud is dynamic. It’s a business. percent in Q1 2017.

Fraud 109

Fraud Data Delaware New York City 109

PYMNTS

SEPTEMBER 9, 2016

The company is in the rapidly expanding space of fraud protection for eCommerce. Signifyd was founded Raj Ramanand and Mike Liberty, fraud experts who were previously with PayPal. At the end of 2015, the company announced it had a run rate of $5.6 At the end of 2015, the company announced it had a run rate of $5.6

Security 100

Security Fraud Resources Capital 100

PYMNTS

SEPTEMBER 20, 2019

The market seems to have tightened in recent months, however. Another new entrant in the subscription market is Facebook, which is testing a subscription model for its Facebook Watch hub, which includes BBC-owned BritBox, Tastemade Plus, Discovery Communications’ MotorTrend on Demand and CollegeHumor’s Dropout.

Fraud 108

Fraud Google Apple Resources 108

PYMNTS

MAY 8, 2019

PYMNTS readers might recall that late last year, FreightRover secured $500 million in financing to fuel its factoring operations, with the capital coming from Crayhill Capital Management. Williams reportedly was president of a Celadon subsidiary called Quality Companies during the period of alleged fraud. Fraud Allegations.

Fraud 135

Fraud Report Indianapolis Leadership 135

NCR

SEPTEMBER 15, 2017

After years of lagging behind many other developed nations, the US market is rolling out EMV technology. While the transition is still in process, and has in many cases been a bumpy, road to adoption, it will go a long way towards tackling some of the most common types of fraud. The shift to e-commerce CNP fraud.

Fraud 84

Fraud Cards Security US 84

PYMNTS

MARCH 2, 2016

For the last couple of years, cybersecurity has stood out as one of the strongest segments of the tech sector, but some new reports show the market may be cooling down in 2016. Last year in particular was huge for cybersecurity; in December a forecast from Gartner said worldwide spending on cybersecurity in 2015 was expected to reach $75.4

Marketing 100

Marketing Security Report Company 100

PYMNTS

APRIL 13, 2016

Fraud prevention technology provider ACH Alert has partnered with Venture Bank to provide customers with real-time fraud protection through its PRO-TECH solution, the companies announced on Tuesday (April 12).

Fraud 100

Fraud Operations Examples Technology 100

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption.

Security 100

Security CA Payments Big Data 100

ZootBlog

DECEMBER 14, 2015

In 2015, the financial industry made a point to enhance the customer experience by leveraging massive amounts of data from phone calls, emails, mobile apps, ATMs, and websites. was the last major market to adopt this technology as their payment standard. Advanced Analytics. The transition is still underway. Looking Towards 2016.

Mobile 70

Mobile Customer Experience Analytics social media 70

PYMNTS

APRIL 25, 2016

CNNMoney reported that a special group of British police officers, known as the Fraud Squad, confiscated money orders totaling £30 million ($43 million) after arresting a 58-year-old man for money laundering. 2015 and then was later converted to euros. law enforcement last week. and then out into bank accounts around the world.”

Fraud 100

Fraud Groups Operations Report 100

Abrigo

JUNE 15, 2023

billion laundered between 2015 and 2020 through the U.S. real estate market alone. billion was laundered between 2015 and 2020 through the U.S. real estate market alone. national security and the integrity of the U.S. Takeaway 1 Real estate money laundering is a serious issue, with an estimated $2.3

Training 195

Training Regulation Compliance System 195

PYMNTS

FEBRUARY 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. Castle, founded in 2015, said it has raised $9.2 Fraud Prevention Innovation. Fraud Case Study.

Retail 118

Retail Fraud Case Study San Francisco 118

PYMNTS

FEBRUARY 28, 2019

They must also excel at securely handling payments and personal data, while recommending services at the right moment to enhance transactions along the way. Platforms need to pay careful attention to fraud across dozens of markets, meaning the ability to detect and manage fraud will only become more crucial as the sharing economy grows.

Payments 183

Payments User Experience Training Case Study 183

NCR

JULY 28, 2017

This convenience offers many advantages to the consumer, but financial institutions and consumers need to recognize one of the biggest disadvantages of this technological expansion: the increased risk of digital banking fraud. million instances of fraud and two million computer misuse offenses in England and Wales alone. .

Fraud 74

Fraud Digital Banking Survey Security 74

PYMNTS

MARCH 31, 2020

Banks looking to make the most out of these branch visits are increasingly deploying data analytics, which leverage both data provided to them by customers — including transaction histories, personal financial information and more — as well as exter nal data, such as market studies and demographics. About the Tracker.

Analytics 174

Analytics Data Security Marketing 174

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. Community bank marketing resources.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

MARCH 12, 2020

Schroeder said the increasing adoption of payroll cards, and their use — which has grown by nearly 9 percent in the United States between 2015 and 2019 — has come on the tailwinds of high economic growth and high employment. A tight labor market means employers must be cognizant of what their workers want. The Security Angle.

Cards 154

Cards Fraud United States Payments 154

NCR

MARCH 2, 2018

As financial institutions move forward in 2018 faced with an expanding range of potential security threats, one danger that businesses need to be prepared for is account takeover fraud. There were approximately 83 million attempts to create fraudulent new accounts in 2015 and 2017. ” Mounting a response. Educate customers.

Fraud 72

Fraud Strategy Security Data 72

PYMNTS

NOVEMBER 20, 2019

Barclays is collaborating with Hitachi on a biometric scanner designed to accelerate and boost the security of corporate transactions. The technology, which is billed as being more secure than fingerprint scanning, will enable corporate treasurers and other clients to complete banking transactions without having to input a password or PIN.

Security 124

Security Digital Banking Technology Fraud 124

Independent Banker

FEBRUARY 24, 2016

Security fears about online banking may be impairing your community bank’s ability to grow demand deposit accounts. A 2015 survey from the credit and data reporting firm Experian revealed that more than 70 percent of respondents feared having their identity stolen when using personal banking sites. By Kevin Tynan.

Security 70

Security Community Bank Community Chicago 70

PYMNTS

JANUARY 28, 2020

In the January Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including a retrospective look at the CU industry in the 2010s, an examination of hybrid cloud technology and a new synthetic identity security threat that could steal hundreds of thousands of dollars. Around The Credit Union World. billion in 2009 to $1.54

Innovation 155

Innovation St. Louis Fraud United States 155

PYMNTS

SEPTEMBER 6, 2018

6), the Justice Department has opened an investigation into possible fraud committed at the company’s wholesale banking unit. Similar issues have arisen with middle market firms and with corporate trust services. As The Wall Street Journal reported on Thursday (Sept.

Fraud 102

Fraud Operations Security Groups 102

PYMNTS

SEPTEMBER 23, 2019

This is a market that Boston-based ButcherBox is catering to by delivering grass-fed, grass-finished meat and other humanely raised, sustainably sourced meat and seafood directly to customers’ doors on a monthly basis. Keeping The Meat Secure. The firm’s growth in customers and revenue did come with an increased risk of fraud.

Fraud 108

Fraud Analytics Oklahoma Security 108

PYMNTS

NOVEMBER 8, 2019

Thanks to smartphones equipped with facial and fingerprint recognition for security, many consumers now have up close and personal experience with newer forms of digital ID. The rise of new authentication methods is one of the driving forces in the growing biometric market. Biometrics isn’t as sci-fi as it once was. Vein recognition?

Innovation 120

Innovation Fraud Security Data 120

PYMNTS

JUNE 28, 2016

According to PYMNTS’ research, fraud attacks rose by 215 percent from Q1 2015 to Q1 2016. This means that companies need to constantly re-evaluate and update their security platforms. He added, “I don’t think anyone will ever sit there and tell you that they’re 100 percent secure, because you can never stop.”.

Fraud 101

Fraud Security Trends US 101

PYMNTS

JULY 8, 2019

Launched in 2015, Onyx’s InvoicePro is the only commission payment system that enables hotels and travel agencies to stay compliant with indirect tax legislation for their commission supplies.

Taxes 115

Taxes Compliance Security Fraud 115